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Bancor - Live Bancor price and market cap

Bancor - Live Bancor price and market cap

Get Bancor Network Token (BNT) price live chart and market data from all exchanges. 1 BNT to USD (BNT/USD). Bancor price today ✓ $ 0.422 USD (7.13 %) Bancor historical data, chart, market capital & circulating supply. Stay up to date with the current price of Bancor for 1 min, 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
Bancor Network Token (BNT) Crypto Coin Rank 129
Website
62,490,524 BNT

Bancor Network Token (BNT)
Bancor
BNT Coin Values BNT

Bancor Network Token (BNT) valuesUSD Price
$ 0.4215

Bancor Network Token (BNT) BTC Price
0.00004130

Bancor Network Token (BNT) 24h Vol
$ 1,993,928

Bancor Network Token (BNT) Market Cap
$ 26,342,053

Bancor Network Token (BNT) Circulating
2,581

24h Vol
195 BTC
1 Hr
1.34 %
24 Hr
7.13 %
7 Day
17.56 %
Full Name
Bancor Network Token (BNT)
Symbol
BNT
Algorithm
ETH Token
BTC Price
0.00004130 BTC
BTC Market
2,581 BTC
BTC 24h Vol
195 BTC
Total Coins Mined
62,490,524 BNT
1h
1.34 %
24h
7.13 %
7d
17.56 %
BNT Charts

Bancor Network Token (BNT) Price Charts

BNT High/Low Price Chart

Bancor Network Token (BNT) Price High/Low Price Chart

Historical Data

Bancor Network Token (BNT) Crypto Technology

Markets

Bancor Network Token (BNT) Crypto Market

Description

Bancor Network Token (BNT) Crypto ICO Description

The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.

The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network’s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.

Technology

Bancor Network Token (BNT) Crypto Technology

Sorry, detailed technology about Bancor Network Token (BNT) is not currently available

Features

Bancor Network Token (BNT) Crypto Features

Sorry, detailed features about Bancor Network Token (BNT) is not currently available

ICO Status

Bancor Network Token (BNT) ICO Details

ICO Status
Finished
Token Supply
79323978
Start Date
2017-06-12
End Date
2017-06-12
Fund Raised (BTC)
396,720 ETH
Fund Raised (USD)
153000000
Start Price (USD)
3.69
Security Audit Company
N/A
ICO Legal Form
Foundation
ICO Jurisdiction
Switzerland
Legal Advisers
N/A
White Paper

The Bancor protocol is a standard that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices & enable a single party to convert any token to another, without requiring a second party to exchange with. The BANCOR network token will hold a single reserve in Ether. Other smart tokens, by using BANCOR as (one of) their reserve(s), connect to the BANCOR network. The BANCOR network token forms a monetary structure where increased demand for any of the network’s smart tokens drives up the value of the common BANCOR token, benefiting all other smart tokens holding it in reserve.

The Ethscan showed that there were 10,885 buyers with an average investment size of $13,471. Of the 50% withheld from investors Bancor plans to follow this distribution plan with 40% dedicated to software development, 20% as an Ethereum reserve for BNT, 12% toward marketing and business development, 10% for seeding Token Changes (smart tokens that hold multiple reserves and allow for direct exchange between them) and exchange-traded funds (Token Baskets), 8% for operational costs, 5% for legal expenses, and the remaining 5% for miscellaneous purposes. 

Team:

  • Bernard Lietaer: Foundation Council President.
  • Guido Schmitz-Krummacher: Foundation Council.
  • Eyal Hertzog: Foundation Council. (LinkedIn);
  • Guy Benartzi: Foundation Council. (LinkedIn);
  • Yehuda Levi: CTO. (LinkedIn);
  • Galia Benartzi: Business Development. (LinkedIn, Facebook);
  • Ilana Pinhas: VP Engineering. (LinkedIn);
  • Or Bachar: Core Developer. (LinkedIn);
  • Omry Rozenfeld: Core Developer. (LinkedIn);
  • Asaf Rachman: Core Developer. (LinkedIn);
  • Mati Levi: QA Engineer. (LinkedIn);
  • Itay Dreyfus: Product Designer. (LinkedIn);

 

 

With the surplus funds raised Bancor has created a price floor smart contract that will buy back BNT tokens when they go below the inital 0.01 ETH price. 

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